Bankrupt Charter Cable giving out bonuses

There is no better way in America to get a bonus than by trashing your company.  Hence Charter Cable which recently announced it would file for bankruptcy and that it lost $1.5 billion in the last quarter is handing out a $6 million bonus  to Chief Executive Neil Smit; Chief Operating Officer Michael Lovett gets $2.38 million; Chief Financial Officer Eloise Schmitz, $765,000; and Corporate Secretary Grier Raclin, $765,000.

Hope they have guards in front of  their houses.

Article

Tags: bankruptcy, Charter Communications, corporate bonuses, Linkedin